Russia's road plans herald further deals to come?

Russia's Leningrad region has set a budget worth over US$179 million for road improvements in 2011.
February 28, 2012 Read time: 1 min
Russia's Leningrad region has set a budget worth over US$179 million for road improvements in 2011. The funds will be used for regional road repairs and maintenance. Around 60% of the budget will be used for repairs to 354km of regional roads while 20% will be targeted at maintaining existing links. Some 8.6% will be for general repairs to storage areas used by municipalities for road machinery with the remaining sum to be used for new road machines. The Leningrad region has plans for a total road network comprising some 1,500km of Federal and regional roads. However there has been no budget set aside for additional new road construction at present. Estimates for the region's intended road development plans exceed $3.2 billion and with Russia's road programme pushing ahead, the Federal Government may yet assign further finances from central funds as well as releasing details of commercial concession packages. International interest is likely to be strong when full details of the Leningrad region's future road plans are revealed, including possible concession deals and PPP projects being opened up to contractors.

Related Content

  • Russia's massive transport programme
    May 2, 2012
    Russia is rolling forward with a massive programme of road building and reconstruction. The plans call for some 5,700 km of federal highways to be repaired by 2017. At present, only 38% of Russia's roads are in good condition and this has been identified as a key priority for improvement by the country's Government.Meanwhile the authorities in the Russian city of St Petersburg have a target infrastructure investment programme for 2012 as well as plans for 2013 and 2014
    Read More
  • RADOR highlights claimed shortfall in North West Russia road funds
    February 13, 2013
    The RADOR association, the leading organisation for advocating, planning, financing, building and maintaining roads in Russia’s regions, estimates the country’s North-Western Federal District needs US$5.367 billion (RUB 161.8bn) for road network repair and maintenance every year. RADOR says that around 19.7% of required funding was provided for regional road maintenance in 2012, along with 41.4% of funding for road repairs, and 6.3% of funding for road overhaul. The Leningrad region received 25% (RUB 5.1bn)
    Read More
  • Major road plans are being set for Russia’s two key cities
    May 14, 2012
    Targets are being set for road investment, construction and repairs in Russia. To meet the country’s infrastructure needs, Russia’s National Association of Builders estimates that some 1,500km of roads must be built/year. Meanwhile the highway authorities in Moscow are aiming to repair around 33% of the city’s road surface every year. Some 23.6 million m2 of road surface will be repaired in Moscow during 2012, compared with 24.7 million m2 in 2011.
    Read More
  • India’s longest tolled expressway is open to traffic
    January 2, 2013
    Earlier this year, a new expressway was opened to traffic in India, adding connectivity to the country’s road network - Mike Woof reports. India’s economic growth has fuelled a massive construction boom in the country. Road building has been set as a priority by the Indian Government to help ensure continued economic development and improve connectivity between major population centres. One major new expressway has recently opened to traffic, having been designed to international standards and provides insi
    Read More

Highlighted Content